Hello traders!
BTC is moving as predicted. In my recent post, I was expecting a break towards the 5th trendline and I also gave hint that after a breakout of the 6th trendline we will see a minor jump and it happened. The jump broke the previous lower high but market is still not ready to pump.
According to the breakout strategy, there is one more wave remaining that will break the 7th trendline and after that, it will move up, not only that I am predicting a true reversal point. The true reversal point is the strategy which is not a support or resistance nor any supply and demand level. It is a strategy that shows pinpoint accurate reversal point. The true reversal point is at 34906.
The lines you are seeing on the chart are all breakouts. I count breakout so that we can trade with perfection and we can catch a big move at the correct time. Normally market breaks 5-11 times and this time I am expecting 7 breakouts.
The line starts from the bottom and I connect with higher low or lower low and i keep counting it till certain breakouts.
Currently, we will focus on these waves. You can ask questions about these steps.
Don't forget to hit the like button and follow to stay connected.
BTC is moving as predicted. In my recent post, I was expecting a break towards the 5th trendline and I also gave hint that after a breakout of the 6th trendline we will see a minor jump and it happened. The jump broke the previous lower high but market is still not ready to pump.
According to the breakout strategy, there is one more wave remaining that will break the 7th trendline and after that, it will move up, not only that I am predicting a true reversal point. The true reversal point is the strategy which is not a support or resistance nor any supply and demand level. It is a strategy that shows pinpoint accurate reversal point. The true reversal point is at 34906.
The lines you are seeing on the chart are all breakouts. I count breakout so that we can trade with perfection and we can catch a big move at the correct time. Normally market breaks 5-11 times and this time I am expecting 7 breakouts.
The line starts from the bottom and I connect with higher low or lower low and i keep counting it till certain breakouts.
Currently, we will focus on these waves. You can ask questions about these steps.
Don't forget to hit the like button and follow to stay connected.